2023 ISK to BTN Historical Review

YEARLY HIGH

0.6348 BTN

YEARLY LOW

0.5673 BTN

YEARLY AVERAGE

0.5990 BTN

2023 ISK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.6348. Conversely, the yearly low was recorded on January 25, dropping to 0.5673.

This high-to-low spread represents a total annual volatility of 0.0675 BTN. From a start-to-finish perspective, comparing the January average rate of 0.5726 to the December average rate of 0.6045, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6348 was up 3.85% compared to the 2022 peak of 0.6113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 3,174 BTN

2022 Average 2,906 BTN

Yearly Trough Low 2,837 BTN

Transaction Impact: A difference of 337.34 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6337

0.5671

JanuMarcMayJulySeptNove

ISK to BTN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5880, compared to 0.6100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.5880

H2 Avg (Jul–Dec) 0.6100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0348 BTN (High: 0.6325 / Low: 0.5978). On the other end, October was the most stable month, with a tight range of 0.0099 BTN (High: 0.6045 / Low: 0.5946).

July Spread (Volatile) ±0.0348

October Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.6281) against the same month in 2022 (average: 0.5741), the exchange rate shifted by +0.0541 (+9.42%).

2023 Avg (August) 0.6281

2022 Avg (August) 0.5741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5831	0.5673	0.5726
February	0.5881	0.5705	0.5773
March	0.6049	0.5739	0.5877
April	0.6066	0.5919	0.6000
May	0.6029	0.5871	0.5943
June	0.6093	0.5840	0.5963
July	0.6325	0.5978	0.6188
August	0.6348	0.6228	0.6281
September	0.6273	0.6033	0.6135
October	0.6045	0.5946	0.6000
November	0.6081	0.5799	0.5949
December	0.6164	0.5957	0.6045